Serinus Energy (LON:SENX) Shares Down 8%

Serinus Energy plc (LON:SENXGet Free Report) dropped 8% during mid-day trading on Monday . The company traded as low as GBX 2.20 ($0.03) and last traded at GBX 2.30 ($0.03). Approximately 2,123,548 shares were traded during trading, an increase of 749% from the average daily volume of 250,212 shares. The stock had previously closed at GBX 2.50 ($0.03).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of Serinus Energy in a research report on Monday, May 13th.

Get Our Latest Analysis on Serinus Energy

Serinus Energy Stock Performance

The company has a market capitalization of £2.56 million, a PE ratio of -28.75 and a beta of -0.66. The business’s 50-day moving average is GBX 2.69 and its 200-day moving average is GBX 2.65. The company has a debt-to-equity ratio of 3.75, a quick ratio of 0.96 and a current ratio of 0.67.

Insider Buying and Selling at Serinus Energy

In other Serinus Energy news, insider Jeffrey Auld sold 29,871 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of GBX 3 ($0.04), for a total transaction of £896.13 ($1,147.85). 4.01% of the stock is owned by company insiders.

About Serinus Energy

(Get Free Report)

Serinus Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas properties in Tunisia and Romania. It owns a 100% deemed working interest in the Satu Mare concession covering an area of approximately 729,000 gross acres situated within the Pannonian Basin, Romania.

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